How Uber quietly raised $2 billion this week

Uber has found a way to tap debt markets when burning through billions of dollars of cash: Keep financial details closely guarded and hire former Goldman Sachs bankers to oversee the deals......»»

Uber has found a way to tap debt markets when burning through billions of dollars of cash: Keep financial details closely guarded and hire former Goldman Sachs bankers to oversee the deals......»»

Have Chinese State Banks Quietly Bought $180 Billion In Gold? By Ye Xie, Bloomberg Live commentator and author Three things we learned last week: 1.....»»

Three Bay Area venture firms said they raised a total of $4.4 billion in new funds to invest at the end of the week. Here's more on that and other venture and startup news from the region......»»

Earlier Thursday, the firm also borrowed "several hundred million dollars" from banks as it struggles with the trading frenzy. Robinhood CEO Vlad Tenev said Thursday that the company did not have liquidity issues. Rafael Henrique/SOPA Im.....»»

Ford Motor Company (NYSE: F) shares spiked 6.6% Thursday and are now up 18.6% in the past week following news that Ford electric truck startup Rivian raised more than $2.7 billion at a $28 billion valuation. read more.....»»

SoftBank Group Corp’s (OTC: SFTBY) Vision Fund has disposed of $2 billion worth of Uber Technologies Inc (NYSE: UBER) common stock shares last week, as reported earlier by read more.....»»

Education tech firm Quizlet is the latest member of the billion-dollar valuation club. The San Francisco company, founded in 2005 by a sophomore in high school, raised a $30 million series C this week with a valuation of $1 billion. That’s nearly .....»»

Uber Technologies, Inc. (NYSE: UBER) announced late last week that it will record an up to $2.2-billion impairment against equity investments and withdrew its fiscal 2020 guidance, citing uncertainties in the COVID-19 environment.....»»

Airbnb Inc. has raised $1 billion in a second funding round in just over a week, the home-rental company announced Tuesday. read more.....»»

In what appears to be its most emphatic rejection yet, HP Inc. (NYSE: HPQ) has said no to another bid by Xerox Holdings Corp. (NYSE: XRX), raised this time to $35 billion. Earlier this week, Connecticut-based Xerox offered to buy all outstanding sh.....»»

Seattle startups and investors are operating in the heels of a year last year that saw nearly $5 billion in local deal values. Investors and a leader from Seattle startup Convoy, which raised a $400 million Series D in 2019, spoke last week on a.....»»

Over the past three years, Abu Dhabi National Oil Company (ADNOC) has expanded its oil and gas business and quietly raised more than $19 billion in a variety of ways. See main story:.....»»

Kalanick recently sold more than $2.5 billion worth of shares in the company (NEW YORK) — Former Uber CEO Travis Kalanick will resign from the board next week, effectively se.....»»

Reuters Travis Kalanick, Uber's ousted founder, w.....»»

Josiah Kamau/BuzzFoto via Getty Images Uber's ousted founder Travis Kalanick quietly raised $400 million from Saudi Arabia for his food-deli.....»»

Today, Uber released its 3rd quarter earnings report to investors a week after Lyft released theirs. Uber lost $1.2 billion in Q3 and laid off... The post Gig Workers Rising Response to Uber’s Q3 Earnings Announcement appeared first on ValueWalk......»»

The company’s employee lockout period was expected to lift this week, raising concerns about a potential rush to sell its stock......»»

Ohio State University plans to seek $4.5 billion from at least one million donors in its new fundraising campaign, university officials revealed this week. The campaign, called “Time and Change: The Ohio State Campaign,” has already raised more.....»»

Shares in AB InBev's Asia-Pacific unit , which last week raised about $5 billion after relaunching its initial public offering (IPO), gained as much as 4% on their market debut in Hong Kong on Monday......»»